BlackRock
China
A
Opportunities
Fund
2
(Percentages
shown
are
based
on
Net
Assets)
Schedule
of
Investments
(unaudited)
July
31,
2022
Security
Shares
Shares
Value
Common
Stocks
Aerospace
&
Defense
—
1.0%
AECC
Aero-Engine
Control
Co.
Ltd.,
Class
A
28,300
$
114,543
AECC
Aviation
Power
Co.
Ltd.,
Class
A
....
1,600
11,811
AVIC
Electromechanical
Systems
Co.
Ltd.,
Class
A
.......................
33,800
59,250
Xi'an
Triangle
Defense
Co.
Ltd.,
Class
A
...
12,300
84,144
269,748
Air
Freight
&
Logistics
—
1.6%
Eastern
Air
Logistics
Co.
Ltd.,
Class
A
.....
26,500
68,966
Sinotrans
Ltd.,
Class
A
...............
161,883
90,373
Xiamen
Xiangyu
Co.
Ltd.,
Class
A
........
102,900
126,898
YTO
Express
Group
Co.
Ltd.,
Class
A
.....
54,017
154,750
440,987
Airlines
—
0.1%
China
Express
Airlines
Co.
Ltd.,
Class
A
...
11,100
16,928
Auto
Components
—
0.2%
Fuyao
Glass
Industry
Group
Co.
Ltd.,
Class
A
11,400
69,271
Automobiles
—
4.5%
BYD
Co.
Ltd.,
Class
A
................
21,800
1,039,758
Chongqing
Changan
Automobile
Co.
Ltd.,
Class
A
.......................
68,302
186,224
1,225,982
Banks
—
6.7%
Bank
of
Communications
Co.
Ltd.,
Class
A
..
921,700
631,167
Bank
of
Hangzhou
Co.
Ltd.,
Class
A
......
123,200
261,232
China
CITIC
Bank
Corp.
Ltd.,
Class
A
.....
14,200
9,179
China
Construction
Bank
Corp.,
Class
A
...
40,700
33,604
China
Merchants
Bank
Co.
Ltd.,
Class
A
...
9,481
49,321
Industrial
&
Commercial
Bank
of
China
Ltd.,
Class
A
.......................
116,200
75,422
Industrial
Bank
Co.
Ltd.,
Class
A
.........
226,900
598,143
Postal
Savings
Bank
of
China
Co.
Ltd.,
Class
A
216,639
150,675
Shanghai
Rural
Commercial
Bank
Co.
Ltd.,
Class
A
.......................
20,900
19,379
1,828,122
Beverages
—
8.1%
Anhui
Gujing
Distillery
Co.
Ltd.,
Class
A
....
3,082
97,547
Chongqing
Brewery
Co.
Ltd.,
Class
A
.....
4,700
85,596
Jiangsu
King's
Luck
Brewery
JSC
Ltd.,
Class
A
51,100
331,564
Jiangsu
Yanghe
Brewery
Joint-Stock
Co.
Ltd.,
Class
A
.......................
10,700
262,106
Kweichow
Moutai
Co.
Ltd.,
Class
A
.......
3,379
950,036
Luzhou
Laojiao
Co.
Ltd.,
Class
A
........
12,823
422,456
Shanxi
Xinghuacun
Fen
Wine
Factory
Co.
Ltd.,
Class
A
.......................
1,900
77,163
2,226,468
Biotechnology
—
1.0%
Bloomage
Biotechnology
Corp.
Ltd.,
Class
A
5,374
127,061
Zhejiang
Orient
Gene
Biotech
Co.
Ltd.,
Class
A
8,170
137,386
264,447
Building
Products
—
1.5%
Zhejiang
Weixing
New
Building
Materials
Co.
Ltd.,
Class
A
....................
140,100
408,453
Capital
Markets
—
4.1%
China
Galaxy
Securities
Co.
Ltd.,
Class
A
..
72,000
92,862
China
International
Capital
Corp.
Ltd.,
Class
A
7,700
48,502
Dongxing
Securities
Co.
Ltd.,
Class
A
.....
70,300
85,585
Industrial
Securities
Co.
Ltd.,
Class
A
.....
250,000
239,655
Northeast
Securities
Co.
Ltd.,
Class
A
.....
263,700
271,439
Security
Shares
Shares
Value
Capital
Markets
(continued)
Sealand
Securities
Co.
Ltd.,
Class
A
......
444,800
$
228,952
SooChow
Securities
Co.
Ltd.,
Class
A
.....
148,100
145,019
1,112,014
Chemicals
—
7.0%
Anhui
Guangxin
Agrochemical
Co.
Ltd.,
Class
A
157,281
615,837
Bluestar
Adisseo
Co.,
Class
A
..........
81,300
114,036
Hubei
Xingfa
Chemicals
Group
Co.
Ltd.,
Class
A
...........................
30,300
167,551
Qinghai
Salt
Lake
Industry
Co.
Ltd.,
Class
A
(a)
78,423
338,131
Shanghai
Putailai
New
Energy
Technology
Co.
Ltd.,
Class
A
....................
8,640
90,723
Shenzhen
Dynanonic
Co.
Ltd.,
Class
A
....
220
11,702
Valiant
Co.
Ltd.,
Class
A
..............
8,500
22,841
Wanhua
Chemical
Group
Co.
Ltd.,
Class
A
..
500
6,209
Yunnan
Energy
New
Material
Co.
Ltd.,
Class
A
7,101
225,260
Zhejiang
Jiahua
Energy
Chemical
Industry
Co.
Ltd.,
Class
A
....................
120,000
181,285
Zhejiang
Xinan
Chemical
Industrial
Group
Co.
Ltd.,
Class
A
....................
46,060
132,937
1,906,512
Communications
Equipment
—
1.2%
Hengtong
Optic-electric
Co.
Ltd.,
Class
A
...
76,300
177,139
ZTE
Corp.,
Class
A
.................
44,000
159,431
336,570
Construction
&
Engineering
—
1.4%
China
State
Construction
Engineering
Corp.
Ltd.,
Class
A
....................
516,500
385,621
Construction
Materials
—
0.5%
Beijing
Oriental
Yuhong
Waterproof
Technology
Co.
Ltd.,
Class
A
.................
11,300
67,736
China
Jushi
Co.
Ltd.,
Class
A
...........
29,700
65,813
133,549
Containers
&
Packaging
—
0.7%
Jiangsu
Shuangxing
Color
Plastic
New
Materials
Co.
Ltd.,
Class
A
..........
49,000
201,492
Diversified
Financial
Services
—
0.7%
AVIC
Industry-Finance
Holdings
Co.
Ltd.,
Class
A
...........................
396,100
191,500
Electrical
Equipment
—
7.5%
Beijing
Easpring
Material
Technology
Co.
Ltd.,
Class
A
.......................
6,700
95,383
Contemporary
Amperex
Technology
Co.
Ltd.,
Class
A
.......................
14,005
1,061,893
Eve
Energy
Co.
Ltd.,
Class
A
...........
2,300
32,247
JL
Mag
Rare-Earth
Co.
Ltd.,
Class
A
......
59,400
408,123
Ningbo
Ronbay
New
Energy
Technology
Co.
Ltd.,
Class
A
....................
6,372
131,531
Sunwoda
Electronic
Co.
Ltd.,
Class
A
.....
6,100
26,009
Suzhou
Maxwell
Technologies
Co.
Ltd.,
Class
A
640
44,918
TBEA
Co.
Ltd.,
Class
A
...............
67,700
250,923
Xinjiang
Goldwind
Science
&
Technology
Co.
Ltd.,
Class
A
....................
3,754
8,317
2,059,344
Electronic
Equipment,
Instruments
&
Components
—
6.5%
Avary
Holding
Shenzhen
Co.
Ltd.,
Class
A
..
4,700
21,441
BOE
Technology
Group
Co.
Ltd.,
Class
A
...
1,129,000
651,066
China
Zhenhua
Group
Science
&
Technology
Co.
Ltd.,
Class
A
.................
6,600
115,896
GoerTek,
Inc.,
Class
A
...............
74,026
349,305
BlackRock
China
A
Opportunities
Fund
3
(Percentages
shown
are
based
on
Net
Assets)
Schedule
of
Investments
(unaudited)
(continued)
July
31,
2022
Security
Shares
Shares
Value
Electronic
Equipment,
Instruments
&
Components
(continued)
Guangzhou
Shiyuan
Electronic
Technology
Co.
Ltd.,
Class
A
....................
4,900
$
49,407
Hunan
Aihua
Group
Co.
Ltd.,
Class
A
.....
6,500
24,849
Luxshare
Precision
Industry
Co.
Ltd.,
Class
A
2,400
12,080
Quectel
Wireless
Solutions
Co.
Ltd.,
Class
A
6,770
157,566
Shengyi
Technology
Co.
Ltd.,
Class
A
.....
4,100
9,663
Suzhou
Dongshan
Precision
Manufacturing
Co.
Ltd.,
Class
A
....................
16,000
63,407
Unisplendour
Corp.
Ltd.,
Class
A
(a)
.......
6,780
18,677
Universal
Scientific
Industrial
Shanghai
Co.
Ltd.,
Class
A
....................
56,300
149,089
Xiamen
Faratronic
Co.
Ltd.,
Class
A
......
4,700
145,556
1,768,002
Entertainment
—
2.9%
37
Interactive
Entertainment
Network
Technology
Group
Co.
Ltd.,
Class
A
....
214,835
623,208
G-bits
Network
Technology
Xiamen
Co.
Ltd.,
Class
A
.......................
3,100
163,269
786,477
Food
Products
—
3.3%
Bright
Dairy
&
Food
Co.
Ltd.,
Class
A
.....
12,100
21,694
Chacha
Food
Co.
Ltd.,
Class
A
..........
3,600
25,489
Chongqing
Fuling
Zhacai
Group
Co.
Ltd.,
Class
A
...........................
5,800
25,636
Heilongjiang
Agriculture
Co.
Ltd.,
Class
A
...
38,600
80,316
Inner
Mongolia
Yili
Industrial
Group
Co.
Ltd.,
Class
A
.......................
94,204
500,117
Jonjee
Hi-Tech
Industrial
And
Commercial
Holding
Co.
Ltd.,
Class
A
...........
3,500
18,011
Sanquan
Food
Co.
Ltd.,
Class
A
.........
15,600
39,225
Tongwei
Co.
Ltd.,
Class
A
.............
23,800
189,934
900,422
Gas
Utilities
—
0.6%
ENN
Natural
Gas
Co.
Ltd.,
Class
A
.......
70,000
179,061
Health
Care
Equipment
&
Supplies
—
1.7%
Blue
Sail
Medical
Co.
Ltd.,
Class
A
.......
153,000
198,453
Shenzhen
Mindray
Bio-Medical
Electronics
Co.
Ltd.,
Class
A
....................
6,400
274,908
473,361
Health
Care
Providers
&
Services
—
2.3%
China
National
Medicines
Corp.
Ltd.,
Class
A
20,400
79,197
Guangzhou
Kingmed
Diagnostics
Group
Co.
Ltd.,
Class
A
....................
30,400
313,562
Shanghai
Pharmaceuticals
Holding
Co.
Ltd.,
Class
A
.......................
90,600
230,714
623,473
Household
Durables
—
3.0%
Gree
Electric
Appliances,
Inc.
of
Zhuhai,
Class
A
...........................
16,615
81,948
Haier
Smart
Home
Co.
Ltd.,
Class
A
......
27,500
101,116
Hangzhou
Robam
Appliances
Co.
Ltd.,
Class
A
40,555
170,147
Midea
Group
Co.
Ltd.,
Class
A
..........
14,100
115,001
Xilinmen
Furniture
Co.
Ltd.,
Class
A
......
69,950
308,012
Zhejiang
Supor
Co.
Ltd.,
Class
A
........
5,800
40,347
816,571
Independent
Power
and
Renewable
Electricity
Producers
—
0.2%
Huaneng
Lancang
River
Hydropower,
Inc.,
Class
A
.......................
42,700
44,754
Security
Shares
Shares
Value
Insurance
—
0.4%
New
China
Life
Insurance
Co.
Ltd.,
Class
A
.
3,700
$
15,919
People's
Insurance
Co.
Group
of
China
Ltd.
(The),
Class
A
...................
89,900
62,134
Ping
An
Insurance
Group
Co.
of
China
Ltd.,
Class
A
.......................
4,900
30,607
108,660
Life
Sciences
Tools
&
Services
—
1.3%
WuXi
AppTec
Co.
Ltd.,
Class
A
..........
26,598
367,973
Machinery
—
4.8%
China
International
Marine
Containers
Group
Co.
Ltd.,
Class
A
.................
169,341
330,463
Han's
Laser
Technology
Industry
Group
Co.
Ltd.,
Class
A
....................
21,475
101,216
Keda
Industrial
Group
Co.
Ltd.
..........
35,900
106,927
Ningbo
Haitian
Precision
Machinery
Co.
Ltd.,
Class
A
.......................
3,700
12,767
Shenzhen
Inovance
Technology
Co.
Ltd.,
Class
A
...........................
13,700
134,279
Tian
Di
Science
&
Technology
Co.
Ltd.,
Class
A
124,000
92,594
Wuxi
Lead
Intelligent
Equipment
Co.
Ltd.,
Class
A
...........................
29,940
264,705
Yutong
Bus
Co.
Ltd.,
Class
A
...........
55,300
64,596
Zoomlion
Heavy
Industry
Science
and
Technology
Co.
Ltd.,
Class
A
.........
239,881
218,521
1,326,068
Metals
&
Mining
—
3.5%
Aluminum
Corp.
of
China
Ltd.,
Class
A
(a)
...
10,100
7,007
Baoshan
Iron
&
Steel
Co.
Ltd.,
Class
A
....
142,400
119,869
CMOC
Group
Ltd.,
Class
A
............
144,700
115,657
Ganfeng
Lithium
Co.
Ltd.,
Class
A
.......
10,220
135,263
Henan
Shenhuo
Coal
&
Power
Co.
Ltd.,
Class
A
...........................
83,100
177,283
Hunan
Valin
Steel
Co.
Ltd.,
Class
A
.......
91,000
61,382
Inner
Mongolia
ERDOS
Resources
Co.
Ltd.,
Class
A
.......................
50,960
137,857
Jiangxi
Copper
Co.
Ltd.,
Class
A
........
5,200
13,016
Maanshan
Iron
&
Steel
Co.
Ltd.,
Class
A
...
108,200
50,270
Western
Mining
Co.
Ltd.,
Class
A
........
75,400
126,061
Yunnan
Copper
Co.
Ltd.,
Class
A
........
13,100
22,367
966,032
Oil,
Gas
&
Consumable
Fuels
—
4.7%
China
Petroleum
&
Chemical
Corp.,
Class
A
.
1,209,400
738,177
PetroChina
Co.
Ltd.,
Class
A
...........
705,400
545,640
1,283,817
Paper
&
Forest
Products
—
0.2%
Shandong
Chenming
Paper
Holdings
Ltd.,
Class
A
.......................
22,464
18,274
Shandong
Sun
Paper
Industry
JSC
Ltd.,
Class
A
...........................
18,400
32,035
50,309
Personal
Products
—
1.6%
Proya
Cosmetics
Co.
Ltd.,
Class
A
.......
700
18,284
Yunnan
Botanee
Bio-Technology
Group
Co.
Ltd.,
Class
A
....................
15,000
431,701
449,985
Pharmaceuticals
—
3.6%
Guangzhou
Baiyunshan
Pharmaceutical
Holdings
Co.
Ltd.,
Class
A
...........
114,200
487,690
Humanwell
Healthcare
Group
Co.
Ltd.,
Class
A
7,400
19,264
Joincare
Pharmaceutical
Group
Industry
Co.
Ltd.,
Class
A
....................
186,397
304,748
BlackRock
China
A
Opportunities
Fund
4
(Percentages
shown
are
based
on
Net
Assets)
Schedule
of
Investments
(unaudited)
(continued)
July
31,
2022
Security
Shares
Shares
Value
Pharmaceuticals
(continued)
Shanghai
Fosun
Pharmaceutical
Group
Co.
Ltd.,
Class
A
....................
1,000
$
6,501
Zhejiang
NHU
Co.
Ltd.,
Class
A
.........
54,340
166,012
984,215
Professional
Services
—
0.1%
Centre
Testing
International
Group
Co.
Ltd.,
Class
A
.......................
8,597
26,204
Semiconductors
&
Semiconductor
Equipment
—
5.5%
Amlogic
Shanghai
Co.
Ltd.,
Class
A
(a)
.....
1,118
14,024
China
Resources
Microelectronics
Ltd.,
Class
A
4,971
37,377
Gigadevice
Semiconductor
Beijing,
Inc.,
Class
A
...........................
2,744
48,272
Grinm
Advanced
Materials
Co.
Ltd.,
Class
A
.
3,800
9,154
Hangzhou
First
Applied
Material
Co.
Ltd.,
Class
A
...........................
7,560
78,357
JCET
Group
Co.
Ltd.,
Class
A
..........
87,000
325,722
LONGi
Green
Energy
Technology
Co.
Ltd.,
Class
A
.......................
11,340
103,682
Montage
Technology
Co.
Ltd.,
Class
A
(a)
...
7,600
64,546
NAURA
Technology
Group
Co.
Ltd.,
Class
A
.
6,001
226,250
SG
Micro
Corp.,
Class
A
..............
6,875
164,096
Shanghai
Fudan
Microelectronics
Group
Co.
Ltd.,
Class
A
....................
9,336
77,704
StarPower
Semiconductor
Ltd.,
Class
A
....
1,700
98,298
TCL
Zhonghuan
Renewable
Energy
Technology
Co.
Ltd.,
Class
A
.........
10,500
79,222
Yangzhou
Yangjie
Electronic
Technology
Co.
Ltd.,
Class
A
....................
19,500
181,046
1,507,750
Security
Shares
Shares
Value
Software
—
0.3%
Glodon
Co.
Ltd.,
Class
A
..............
5,500
$
37,808
Hundsun
Technologies,
Inc.,
Class
A
......
6,888
43,388
81,196
Tobacco
—
0.2%
Anhui
Genuine
New
Materials
Co.
Ltd.,
Class
A
21,140
42,573
Wireless
Telecommunication
Services
—
2.9%
China
United
Network
Communications
Ltd.,
Class
A
.......................
1,561,879
796,397
Total
Common
Stocks
—
97.4%
(Cost:
$25,636,825)
..............................
26,660,308
Total
Long-Term
Investments
—
97.4%
(Cost:
$25,636,825)
..............................
26,660,308
Short-Term
Securities
Money
Market
Funds
—
4.3%
BlackRock
Liquidity
Funds,
T-Fund,
Institutional
Class,
1.76%
(b)(c)
.................
1,189,898
1,189,898
Total
Short-Term
Securities
—
4.3%
(Cost:
$1,189,898)
..............................
1,189,898
Total
Investments
—
101.7%
(Cost:
$26,826,723
)
..............................
27,850,206
Liabilities
in
Excess
of
Other
Assets
—
(1.7)%
............
(462,237)
Net
Assets
—
100.0%
..............................
$
27,387,969
(a)
Non-income
producing
security.
(b)
Annualized
7-day
yield
as
of
period
end.
(c)
Affiliate
of
the
Fund.
Affiliates
Investments
in
issuers
considered
to
be
affiliate(s)
of
the
Fund
during
the
period
ended
July
31,
2022
for
purposes
of
Section
2(a)(3)
of
the
Investment
Company
Act
of
1940,
as
amended,
were
as
follows:
Affiliated
Issuer
Value
at
10/31/21
Purchases
at
Cost
Proceeds
from
Sale
Net
Realized
Gain
(Loss)
Change
in
Unrealized
Appreciation
(Depreciation)
Value
at
07/31/22
Shares
Held
at
07/31/22
Income
Capital
Gain
Distributions
from
Underlying
Funds
BlackRock
Liquidity
Funds,
T-Fund,
Institutional
Class
(a)
..
$
6,838
$
1,183,060
$
—
$
—
$
—
$
1,189,898
1,189,898
$
2,200
$
—
—
—
(a)
Represents
net
amount
purchased
(sold).
For
Fund
compliance
purposes,
the
Fund's
industry
classifications
refer
to
one
or
more
of
the
industry
sub-classifications
used
by
one
or
more
widely
recognized
market
indexes
or
rating
group
indexes,
and/or
as
defined
by
the
investment
adviser.
These
definitions
may
not
apply
for
purposes
of
this
report,
which
may
combine
such
industry
sub-classifications
for
reporting
ease.
BlackRock
China
A
Opportunities
Fund
5
Schedule
of
Investments
(unaudited)
(continued)
July
31,
2022
Derivative
Financial
Instruments
Outstanding
as
of
Period
End
Futures
Contracts
Description
Number
of
Contracts
Expiration
Date
Notional
Amount
(000)
Value/
Unrealized
Appreciation
(Depreciation)
Long
Contracts
FTSE
China
A50
Index
......................................................
93
08/30/22
$
1,273
$
(32,549)
Fair
Value
Hierarchy
as
of
Period
End
Various
inputs
are
used
in
determining
the
fair
value
of
financial
instruments.
These
inputs
to
valuation
techniques
are
categorized
into
a
fair
value
hierarchy
consisting
of
three
broad
levels
for
financial
reporting
purposes
as
follows:
•    
Level
1
—
Unadjusted
price
quotations
in
active
markets/exchanges
for
identical
assets
or
liabilities
that
the
Fund
has
the
ability
to
access;
•    
Level
2
—
Other
observable
inputs
(including,
but
not
limited
to,
quoted
prices
for
similar
assets
or
liabilities
in
markets
that
are
active,
quoted
prices
      for
identical
or
similar
assets
or
liabilities
in
markets
that
are
not
active,
inputs
other
than
quoted
prices
that
are
observable
for
the
assets
or
liabilities
      (such
as
interest
rates,
yield
curves,
volatilities,
prepayment
speeds,
loss
severities,
credit
risks
and
default
rates)
or
other
market-corroborated
      inputs);
and
•    
Level
3
—
Unobservable
inputs
based
on
the
best
information
available
in
the
circumstances,
to
the
extent
observable
inputs
are
not
available
      (including
the
BlackRock
Global
Valuation
Methodologies
Committee's
(the
"Global
Valuation
Committee's")
assumptions
used
in
determining
the
fair
value
of
financial
instruments).
The
hierarchy
gives
the
highest
priority
to
unadjusted
quoted
prices
in
active
markets
for
identical
assets
or
liabilities
(Level
1
measurements)
and
the
lowest
priority
to
unobservable
inputs
(Level
3
measurements).
Accordingly,
the
degree
of
judgment
exercised
in
determining
fair
value
is
greatest
for
instruments
categorized
in
Level
3.
The
inputs
used
to
measure
fair
value
may
fall
into
different
levels
of
the
fair
value
hierarchy.
In
such
cases,
for
disclosure
purposes,
the
fair
value
hierarchy
classification
is
determined
based
on
the
lowest
level
input
that
is
significant
to
the
fair
value
measurement
in
its
entirety.
Investments
classified
within
Level
3
have
significant
unobservable
inputs
used
by
the
Global
Valuation
Committee
in
determining
the
price
for
Fair
Valued
Investments.
Level
3
investments
include
equity
or
debt
issued
by
privately
held
companies
or
funds.
There
may
not
be
a
secondary
market,
and/or
there
are
a
limited
number
of
investors.
The
categorization
of
a
value
determined
for
financial
instruments
is
based
on
the
pricing
transparency
of
the
financial
instruments
and
is
not
necessarily
an
indication
of
the
risks
associated
with
investing
in
those
securities.
For
information
about
the
Fund’s
policy
regarding
valuation
of
financial
instruments,
refer
to
its
most
recent
financial
statements.
The
following
table
summarizes
the
Fund’s
financial
instruments
categorized
in
the
fair
value
hierarchy.
The
breakdown
of
the
Fund's
financial
instruments
into
major
categories
is
disclosed
in
the
Schedule
of
Investments
above.
Level
1
Level
2
Level
3
Total
Assets
Investments
Long-Term
Investments
Common
Stocks
Aerospace
&
Defense
....................................
$
—
$
269,748
$
—
$
269,748
Air
Freight
&
Logistics
....................................
—
440,987
—
440,987
Airlines
..............................................
—
16,928
—
16,928
Auto
Components
......................................
—
69,271
—
69,271
Automobiles
..........................................
—
1,225,982
—
1,225,982
Banks
...............................................
19,379
1,808,743
—
1,828,122
Beverages
...........................................
—
2,226,468
—
2,226,468
Biotechnology
.........................................
—
264,447
—
264,447
Building
Products
.......................................
—
408,453
—
408,453
Capital
Markets
........................................
—
1,112,014
—
1,112,014
Chemicals
............................................
—
1,906,512
—
1,906,512
Communications
Equipment
................................
—
336,570
—
336,570
Construction
&
Engineering
................................
—
385,621
—
385,621
Construction
Materials
....................................
—
133,549
—
133,549
Containers
&
Packaging
..................................
—
201,492
—
201,492
Diversified
Financial
Services
...............................
—
191,500
—
191,500
Electrical
Equipment
.....................................
—
2,059,344
—
2,059,344
Electronic
Equipment,
Instruments
&
Components
.................
—
1,768,002
—
1,768,002
BlackRock
China
A
Opportunities
Fund
6
Schedule
of
Investments
(unaudited)
(continued)
July
31,
2022
Level
1
Level
2
Level
3
Total
Entertainment
.........................................
$
—
$
786,477
$
—
$
786,477
Food
Products
.........................................
—
900,422
—
900,422
Gas
Utilities
...........................................
—
179,061
—
179,061
Health
Care
Equipment
&
Supplies
...........................
—
473,361
—
473,361
Health
Care
Providers
&
Services
............................
—
623,473
—
623,473
Household
Durables
.....................................
—
816,571
—
816,571
Independent
Power
and
Renewable
Electricity
Producers
............
—
44,754
—
44,754
Insurance
............................................
—
108,660
—
108,660
Life
Sciences
Tools
&
Services
..............................
—
367,973
—
367,973
Machinery
............................................
—
1,326,068
—
1,326,068
Metals
&
Mining
........................................
—
966,032
—
966,032
Oil,
Gas
&
Consumable
Fuels
...............................
—
1,283,817
—
1,283,817
Paper
&
Forest
Products
..................................
—
50,309
—
50,309
Personal
Products
......................................
—
449,985
—
449,985
Pharmaceuticals
.......................................
—
984,215
—
984,215
Professional
Services
....................................
—
26,204
—
26,204
Semiconductors
&
Semiconductor
Equipment
....................
—
1,507,750
—
1,507,750
Software
.............................................
—
81,196
—
81,196
Tobacco
.............................................
—
42,573
—
42,573
Wireless
Telecommunication
Services
.........................
—
796,397
—
796,397
Short-Term
Securities
Money
Market
Funds
......................................
1,189,898
—
—
1,189,898
$
1,209,277
$
26,640,929
$
—
$
27,850,206
Derivative
Financial
Instruments
(a)
Liabilities
Equity
contracts
...........................................
$
—
$
(32,549)
$
—
$
(32,549)
(a)
Derivative
financial
instruments
are
futures
contracts.
Futures
contracts
are
valued
at
the
unrealized
appreciation
(depreciation)
on
the
instrument.